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Home My WebLink AboutORD-2025-023-Fiscal Year 2024-25 Budget Amendment #11 1 ORD-2025 -023 �''C� rV � 7I 5 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date : June 17 , 2025 Action Agenda Item No . &d SUBJECT : Fiscal Year 2024 -25 Budget Amendment # 11 DEPARTMENT : County Manager' s Office ATTACHMENT(S ) : INFORMATION CONTACT . Attachment 1 . Year-to- Date Budget Kirk Vaughn , (919 ) 245 -2153 Summary PURPOSE : To approve budget , grant , and capital project ordinance amendments for Fiscal Year 2024-25 . BACKGROUND : Miscellaneous 1 . The No Fault Well Repair Fund has received additional revenue from Orange Water & Sewer Authority (OWASA ) and interest income from the fund . This amendment recognizes additional total revenue of $20 , 166 in the No Fault Well Repair Fund , outside of the General Fund , and appropriates this amount for well repair and treatment in the following Project Ordinance : Well Repair Fund ($20, 166) - Fund # 83 Revenues for this project : Current FY 2024-25 FY 2024-25 FY 2024-25 Amendment Revised Grant Funds $4223804 $ 10 , 000 $432 , 804 Interest on Investments $20 , 000 $ 10 , 166 $30 , 166 Total Project Funding $442 , 804 $20 , 166 $462 , 970 Appropriated for this project : Current FY 2024-25 FY 2024-25 FY 2024-25 Amendment Revised Project Expenditures $442 , 804 $20 , 166 $4623970 Total Costs $442 , 804 $20 , 166 $ 462, 970 2 . At the Business meeting on April 15 , 2025 , the Board approved drawing down $ 1 , 552 , 063 in accumulated lottery proceeds . The funds are to be used in the Debt Service Fund to 2 offset school related debt issuances . The County then substitutes an equivalent amount of County funding to pay-go fund School capital improvements . Chapel Hill Carrboro City Schools ' funding was $ 149 , 709 higher than budgeted , meaning the County will provide an additional $ 149 , 709 in capital funding to the district in the Fire Safety capital project . This amendment increases the authorization in the General Fund , the Debt Service Fund and the County Capital Fund by $ 149 , 7092 CHCCS - Fire/Safety/Security ($ 1491709) - Project # 54004 Revenues for this project : Current FY 2024-25 FY 2024-25 FY 2024-25 Amendment Revised Alternative Financing $ 1 , 526 , 173 $ 1 , 526 , 173 Transfer from General Fund $2 , 483 , 159 $ 14% 709 $ 2 , 6321868 2/3rds Net Debt Bonds $250 , 000 $ 250 , 000 Lottery Proceeds $80 , 000 $80 , 000 Total Project Funding $4, 339 , 332 $ 149 , 709 $4, 4899041 Appropriated for this project : Current FY 2024-25 FY 2024-25 FY 2024-25 Amendment Revised Project Expenditures $4 , 339 , 332 $ 149 , 709 $4 ,489 , 041 Total Costs $4, 3392332 $ 149 , 709 $4,489, 041 3 . The County is issuing $ 72 million in Series 2025 Limited Obligation Bonds . This financing will incur $475 , 000 in costs of issuance . These expenses will be budgeted in the Debt Service Fund , outside of the General Fund . 4 . In order to comply with new Governmental Accounting Standards Board (GASB ) pronouncements on leases and subscriptions , the County is setting up a new GASB Non - Cash Fund . This fund will account for the long -term obligations of each new lease or subscription , while the operating funds will pay the annual lease or subscription payment each year . The County must report all the long -term obligations as budgeted expenditures , which impacts the County' s budget versus actual reporting . This fund will segregate these budgeted expenditures into a discrete location , as to not inflate the actuals in the General Fund . This amendment sets up a budget of $ 10 , 000 , 000 for the GASB Non -Cash Fund . ALIGNMENT WITH STRATEGIC PLAN : This item supports : • MISSION STATEMENT — Orange County is a visionary leader in providing governmental services valued by our community , beyond those required by law , in an equitable , sustainable , innovative , and efficient way . Solid Waste 5 . Solid Waste has received $ 42 , 812 in insurance proceeds from a wrecked non - repairable Solid Waste vehicle and $ 125 , 089 in sale proceeds from Solid Waste Equipment and Vehicles . This amendment recognizes these funds and appropriates $ 167 , 901 in expenses within the following capital project in the Solid Waste Replacement and Renewal Fund , outside of the General Fund . 3 Solid Waste Vehicle Replacements ($ 167, 901) - Project # 35000 Revenues for this project : Current FY 2024-25 FY 2024-25 FY 2024-25 Amendment Revised Alternative Financing $2 , 361 , 871 $2 , 361 , 871 Transfer from Solid Waste Fund $ 2 , 619 , 715 $2 , 619 , 715 Insurance Reimbursement $ 0 $42 , 812 $42 , 812 Sale of Fixed Assets $470 , 000 $ 125 , 089 $ 595 , 089 Total Project Funding $ 5,451 , 586 $ 167 , 901 $ 5 , 6199487 Appropriated for this project : Current FY 2024-25 FY 2024 -25 FY 2024-25 Amendment Revised Vehicle Replacement Project Expenditures $53451 , 586 $ 167 , 901 $ 5 , 619 , 487 Total Costs $5 ,4511586 $ 167, 901 $ 5, 619 ,487 ALIGNMENT WITH STRATEGIC PLAN : This item supports : GOAL 1 : ENVIRONMENTAL PROTECTION AND CLIMATE ACTION OBJECTIVE 2 . Invest in our infrastructure to reduce the environmental impact of the County fleet/facilities and improve safety . Sheriff 6 . The Sheriff' s Office has received a quote of $ 236 , 689 for the installation of a Body Scanner in the new Detention Center . This amendment will move $ 236 , 689 from the Body Camera - Sheriff Project to Sheriff Equipment Capital Project in the County Capital Fund to fund this purchase . The Body Camera project is no longer necessary , as the department purchases Body Cameras through annual lease agreements , rather than upfront capital purchases . This amendment revised the following Capital Project Ordinances : Sheriff Dept Equipment ($236, 689) - Project # 30070 Revenues for this project : Current FY 2024-25 FY 2024-25 FY 2024-25 Amendment Revised Alternative Financing $ 517 , 798 $236 , 689 $ 7542487 Total Project Funding $517, 798 $236, 689 $ 754, 487 Appropriated for this project : Current FY 2024-25 FY 2024-25 FY 2024-25 Amendment Revised Project Expenditures $517 , 798 $236 , 689 $ 7543487 Total Costs $ 517, 798 $236 , 689 $ 7543487 4 Sheriff Body Cameras (-$236, 689) - Project # 30071 Revenues for this project : Current FY 2024-25 FY 2024-25 FY 2024 -25 Amendment Revised Alternative Financing $438 , 381 ($2361689 ) $201 , 692 Total Project Funding $438 , 381 ($2363689) $ 201 , 692 Appropriated for this project : Current FY 2024-25 FY 2024-25 FY 2024-25 Amendment Revised Project Expenditures $438 , 381 ($2361689 ) $ 201 , 692 Total Costs $4389381 ($2361689) $201 , 692 FINANCIAL IMPACT . The budget , grant , and capital ordinance amendments increases the authorization in the General Fund by $ 149 , 709 , the Debt Service Fund by $624 , 709 , the School Capital Fund by $ 149 , 709 , The GASB Non -Cash Fund by $ 10 , 000 , 000 , the Solid Waste R& R Fund by $ 167 , 901 and the No Fault Well Repair Fund by $ 20 , 166 . RECOMMENDATION (S ) E. 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